Hilton Financial Results Show Weak US Travel Demand

Image: Caribe Hilton exterior. (Photo Credit: Caribe Hilton Media)
Image: Caribe Hilton exterior. (Photo Credit: Caribe Hilton Media)
Eraine Wessler
by Eraine Wessler
Last updated: 1:25 PM ET, Wed October 22, 2025

Hilton Worldwide has released its third quarter results for 2025, which show a net income for the quarter of $421 million, but the company’s RevPAR number for the U.S. market declined 2.3 percent during that same period.

System-wide comparable RevPAR, on a currency neutral basis, is projected to be flat to an increase of 1.0 percent compared to 2024.

In the third quarter of 2025, Hilton opened 199 hotels, totaling 24,800 rooms, resulting in 23,200 net room additions. It also continued to expand its luxury and lifestyle brands, with the addition of the Conrad Hamburg, (the brand’s debut in Germany) and the KROMO Bangkok, Curio Collection by Hilton, the brand’s first hotel in Thailand.

Other additions include the Sunseeker Resort Florida Gulf Coast, Curio by Hilton; Makati in Metro Manila, Canopy by Hilton; Signia by Hilton La Cantera Resort and Spa.

Hilton also announced the launch of new lifestyle brand, Outset Collection by Hilton, which has more than 60 hotels in development.

There were 33,000 rooms added to the development pipeline during the third quarter, and, as of September 30, 2025, the development pipeline totaled 3,648 hotels representing 515,400 rooms throughout 128 countries and territories.

“Our third quarter results continued to demonstrate the resilience of our business model, delivering strong bottom line performance despite softer industry RevPAR,” said Christopher J. Nassetta, President & CEO of Hilton. “We remain optimistic, that in the U.S., lower interest rates, a more favorable regulatory environment, certainty on tax policy and a significant investment cycle will accelerate economic growth and travel demand, and, when paired with limited industry supply growth,should drive stronger RevPAR growth over the next several years.”


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